ED attaches over Rs 36 cr assets in TN, bank deposits of Udayanidhi Stalin Foundation in money laundering case
The Enforcement Directorate on Saturday said it has attached immovable assets worth more than Rs 36 crore across Tamil Nadu and Rs 34.7 lakh kept in the bank account of Udayanidhi Stalin Foundation as part of a money laundering investigation.
The probe, being conducted under various sections of the Prevention of Money Laundering Act (PMLA), is against the Kallal Group and the UK-based Lyca group and its Indian companies Lyca Productions and Lyca Hotels, it said.
The ED recently conducted searches against the two entities in April and early this month.
